CenturyLink, Inc. (CTL) Loss Submission Form
Levi & Korsinsky, LLP announces it has filed a class action lawsuit in the USDC for the Southern District of New York on behalf of shareholders of CenturyLink, Inc. (NYSE: CTL) who purchased shares between March 1, 2013 and June 16, 2017.
The complaint alleges that, throughout the class period, CenturyLink made materially false and/or misleading statements and/or failed to disclose that: (1) CenturyLink’s policies had engaged the Company in unlawful business practices by allowing its employees to add services or lines to accounts without customer permission, resulting in millions of dollars in unauthorized charges to CenturyLink customers; (2) accordingly, the Company’s revenues contained ill-gotten gains that originated from the Company’s illicit conduct and were unsustainable; and (3) the foregoing illicit conduct was likely to subject CenturyLink to heightened regulatory scrutiny; and (4) as a result of the foregoing, Defendants’ statements about CenturyLink’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
If you suffered a loss in CenturyLink you have until August 21, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.To receive more information, please fill out the form.